Clenergy Technology Balance Sheet Health
Financial Health criteria checks 5/6
Clenergy Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥685.5M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.5B respectively. Clenergy Technology's EBIT is CN¥136.6M making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥316.2M.
Key information
52.2%
Debt to equity ratio
CN¥685.47m
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥316.19m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥2.81b |
Recent financial health updates
Recent updates
The Returns At Clenergy Technology (SHSE:603628) Aren't Growing
Oct 23
Clenergy Technology Co., Ltd.'s (SHSE:603628) Share Price Could Signal Some Risk
Sep 30Here's Why Clenergy Technology (SHSE:603628) Has A Meaningful Debt Burden
Jul 17Some Clenergy Technology Co., Ltd. (SHSE:603628) Shareholders Look For Exit As Shares Take 31% Pounding
Jun 25Clenergy Technology's (SHSE:603628) Anemic Earnings Might Be Worse Than You Think
May 06Does Clenergy Technology (SHSE:603628) Deserve A Spot On Your Watchlist?
Mar 24Improved Earnings Required Before Clenergy Technology Co., Ltd. (SHSE:603628) Stock's 29% Jump Looks Justified
Mar 08Financial Position Analysis
Short Term Liabilities: 603628's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥912.3M).
Long Term Liabilities: 603628's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥588.7M).
Debt to Equity History and Analysis
Debt Level: 603628's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 603628's debt to equity ratio has reduced from 70.5% to 52.2% over the past 5 years.
Debt Coverage: 603628's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 603628's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:16 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Clenergy Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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